FirstGroup (LON:FGP) Insider Acquires £149.73 in Stock

FirstGroup plc (LON:FGP) insider Ryan Mangold purchased 69 shares of FirstGroup stock in a transaction dated Friday, October 10th. The stock was bought at an average cost of GBX 217 per share, with a total value of £149.73.

Ryan Mangold also recently made the following trade(s):

• On Monday, August 18th, Ryan Mangold sold 472,462 shares of FirstGroup stock. The stock was sold at an average price of GBX 226, for a total transaction of £1,067,764.12.
• On Monday, August 11th, Ryan Mangold purchased 65 shares of FirstGroup stock. The stock was bought at an average cost of GBX 230 per share, with a total value of £149.50.

FirstGroup Price Performance

LON FGP opened at GBX 216.60 on Tuesday. The company has a 50 day simple moving average of GBX 221.29 and a 200-day simple moving average of GBX 204.44. The company has a debt-to-equity ratio of 257.49, a current ratio of 0.69 and a quick ratio of 0.74. The firm has a market capitalization of £1.18 billion, a price-to-earnings ratio of 1,056.59, a price-to-earnings-growth ratio of 5.21 and a beta of 1.59. FirstGroup plc has a 52-week low of GBX 128.60 and a 52-week high of GBX 240.40.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their price objective on FirstGroup from GBX 215 to GBX 240 and gave the stock a “buy” rating in a report on Monday, July 7th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 240.

FirstGroup Company Profile

FirstGroup plc provides public transport services in the United Kingdom. The company operates through First Bus and First Rail segments. The First Bus segment offers local bus services with a fleet of approximately 4,900 buses in the United Kingdom. The First Rail segment operates a passenger rail network that provides long-distance, commuter, regional, and sleeper services through a portfolio of Great Western Railway, South Western Railway, TransPennine Express, and Avanti West Coast franchises; and hull trains and Lumos.